Because they screwed themselves, they tried to align with Amber Heard, that MASSIVELY backfired by her constantly lying ass and Johnny Depp's not just loyal fans but redemption arc in court. The cancel culture around him ended up failing and is now on Heard as no one wants to see a film with her in it.
Since he was the central reason ANYONE went to those films, they wisely ditched the female sequel they had planned and can't afford a Depp return so are shelving it to cut losses and still have a franchise they can sell merchandise about.
Because they screwed themselves, they tried to align with Amber Heard, that MASSIVELY backfired by her constantly lying ass and Johnny Depp's not just loyal fans but redemption arc in court. The cancel culture around him ended up failing and is now on Heard as no one wants to see a film with her in it.
Since he was the central reason ANYONE went to those films, they wisely ditched the female sequel they had planned and can't afford a Depp return so are shelving it to cut losses and still have a franchise they can sell merchandise about.